this post was submitted on 08 Aug 2024

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Foodstuffs North Island fined $3.25 million for hindering competition (www.rnz.co.nz)

submitted 3 months ago by [email protected] to c/[email protected]

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3m is chump change

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[–] [email protected] 0 points 3 months ago

Do Foodstuffs run the stores as separate entities to their distribution and production arms? Because figuring out the supermarket company profits is a very complicated thing. A store might only make $1m a year, but if it has to buy from the parent distributor then we also need to figure out what the profit is there as well.